Vietnam’s 15% credit growth target for 2026 appears to be on track, according to comments from the deputy governor of its central bank.
Nguyen Ngoc Canh said on July 8 that outstanding credit in the country’s banking system exceeded 19.9 quadrillion dong ($757 billion) as of late June. This represented an increase of around 7.4% on the figure reached at the end of last year, according to a statement published a day later. The central bank in January set its credit growth target for 2026 at 15%
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